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About The Battalion. (College Station, Tex.) 1893-current | View Entire Issue (Dec. 15, 1980)
Page 6 THE BATTALION MONDAY, DECEMBER 15, 1980 Local Sun Theatres 333 University 84 6 _, The only movie in town Double-Feature Every Week 10 a.m. 2 a.m. Sun. Thurs. 10 a.m.'3 p.m. Fri.-Sat. No one under 18 846-9808 IRS ruling may deplete library collect! Publishers now taxed on full value of inventories BOOK STORE & 25c PEEP SHOWS By CATHIE CREW Battalion Reporter A recent ruling by the IRS may make it difficult for Texas A&M Uni versity professors to do research pro jects in the future, Dr. Irene Hoad- ley, director of Sterling C. Evans Library, said. The new ruling states that pub lishers must pay taxes on the full value of their book inventories rather than on the depreciated value as pre viously done. The IRS ruled that the decision would be retroactive for 1979. And to avoid having to pay millions of dol lars in taxes, publishers are being forced to either sell their inventories to outlets at prices far below cost or to simply destroy the books. EASELS Pasta’s says farewell to the fall semester. PIZZA SPAGHETTI LASAGNE '807 Texas Ave. 696-3380 4 Gy *>V Because of this, Hoadley said, the library will be unable to provide old er material requested for research or teaching supplements. Also because of the decision pub lishers will be inclined to make only one printing which will result in de creased availability and increased prices. This will mean that the library will have to make purchases at the time of the first printing or chance not being This will mean that the library will have to make purchases at the time of the first printing or chance not being able to acquire the materials at all, Hoadley said. able to acquire the materials at all, Hoadley said. | 4^0^ Wed., ) Dec. 17 Wtj* / from 6 ‘ 8 P- m - /ALL THE PIZZA YOU CAN EAT AND ALL YOUR FAVORITE BEVERAGE YOU CAN DRINKj } lor only JAQO j 'There's no pizza like * a Pasta's pizza! We guarantee it!" * / WANTED DENNIS "BIG BUCKS" BOTHER KENT "GOOD DEAL" REDDING STILL WANTED FOR GIVING GREAT DEALS ON USED TEXTBOOKS. REWARD AT GET YOUR OWN GREAT DEALS ON YOUR USED BOOKS. ROTHER'S BOOKSTORE maigej AT THE SOUTHGATE 696-2111 (Across from the University Police Station) ALWAYS PAYING BIG BUCKS FOR USED BOOKS And most likely over a period of time, the library collections will suf fer some gaps, she said. Another problem professors may face because of the ruling, Hoadley said, is finding a publisher willing to print their books. Experts predict that publishers will stick to quick-selling books to avoid an inventory build-up. There fore, they will be less likely to handle items such as scholarly publications. According to Hoadley, the public can expect to have difficulty in pur chasing old classics by authors such as William Faulkner and Ernest Hemingway also. Some older books may go out of print entirely, or publishers may print short-run new editions which will cost much more, she said. This ruling came about as a result of the January 1979 U.S. Supreme Court case, “Thor Power Tool Com pany vs. the Commissioner of the IRS." The Supreme Court ruled that valuation of warehouse stock could not be reduced for tax purposes un less it was disposed of or sold at re duced rates. The IRS applied the decision to publishers in February 1980 and issued a ruling making the decision retroactive for 1979 inventories. In response, the publishers have decided to sell what books they can to outlets or to the authors for great ly reduced prices, or destroy what they have and recycle the paper into tissue and paper towels, towels. Publishers say the decision is par ticularly upsetting because of the dif ficulty they have in predicting sales and printing appropriate number of books with any degree of reliability. Some long term effects of the de cision, they say, will be that readers and researchers will find it difficult to acquire the titles they want as more books go out of print. Also authors royalties will be re duced because of smaller first print ings and fewer second printings. Under the ruling, books by little known authors will not be kept in stock, and new authors will find it difficult to get books printed. According to one publisher, the Byl ruling will have its graM commercial publication works. In the past, a min®;| copies had to be sold tose:;] Shoplif ing, but with inflationa ; inan\ pos: ruling the minimum iso that is ne; 1,000 copies, he said f That is. Many textbook pukH^Hecaut have to pay the extra taes # 6 * 1 ' d’ ve contracts between tlieiii 1 l 1()W dedi schools stipulating the b , I 1 ? S oes 1 available for several yean. jF 0116 r< Howard D. Hart,oflhe;i| es - ty Center, said he isno/E^ 6 shi changes in policy coiicfrJ iear ^ ■Bther, i may indise In response, Ushers have In fact fitte of ! Daily Coi sell what hook to outlets or to Mtigatio tlmrs for Sraiifc' 1 ; duced prices, ordtp store 1 what cycle the paper Hildthough m sue and paper fo#fjj r t d ^ Police Dt fhopliftir wants to ways to p HB said availability of for the University. , Two bills havebeenintaiM 0 S ( Congress to prohibit the| application of this ruling ILi J , attached to the general are not expected to reaclsK ' 11 until Congress reconvetiiK^^ year. Ur. r ‘ Senator DanielPatick)!:fc |f ^ ua plans to introduceabillpeEp* sa exempting publishersfel ruling. UeviC A&M team Texas A&M University’s Intercollegiate Meats Judg ing Team was named the top team in the nation after winning the International Meats Judging Contest for the second consecutive year. The contest was held at the U.S. Meat Animal Re search Center in Clay Center, Neb. The team has been one of the top five teams in the nation for the past decade, with the exception of one year when it was in the top ten, Coach Gregg Gossett, a meats researcher for the Texas Agricultural Experiment Station, said. The team won top national honors in 1973. Team members include Lynn Branecky of Adkins, Joel Finch of Athens, Wade Hibler of San Saba, Gaina Ince of Mason, Laura Larson of Caldwell, Idaho, Darrell Mohr of Fredericksburg, Randy Phariss of College Sta tion, Homer Recio of Fremont and Bill Zuberbueler of Comstock. Only four of the team members judge in a particular event, Gossett said. At the international contest, Texas acfu, 'W peep] A&M’s four judges were among the top Kite emnji vidual scorers. Branecky, Phariss and Reciifti ^ second, third and fourth to a Michigan Statefc S/JOpij student who placed first. Larson placed nintl .... In the lamb judging portion of the contestlii&i and I .arson were among three students sdwi^re wit] second place, Branecky and Recio placed firsts:lBi there in the pork judging event and Phariss placedfrr e d s grei beef judging portion of the contest. Larsoat* an em second place in that event and Branecky tied feL! This, f The same nine-member team of animal scira er will th dents in November placed first at the Amen® a Meats Judging Contest in Emporia, Kan. | e * co infi Texas A&M competed against 20 universiiH‘ e ' su r across the country in both contests. I ^ggs Gossett said preparation for the contest iwi|^ Ca fo semester of course work and a series ofweehsil^P* 6 . s trips to meat packing plants where the stultify® 1 ' 5 - ceived experience at selecting finer grades lamb and pork. STORAGE I U - LOCK - IT g 10 x 20 - $25 693-2339 Brazos society granted charter Day Deer Hunting $50. a day Groups of 10 3 days/SIOO. Camp House 70 miles west of Houston 1-732-6849 The Brazos Valley group of the American Society of Meek Engineers has received a charter from the national organization. The charter was presented by Dr. Charles E. Jones, ASMEnati®| president, at the Pi Tau Sigma charter banquet. The new AS ME group will serve mechanical engineers inf Burleson and Grimes counties. Group members will retain their J tion with the parent South Texas section. Accepting the charter were Texas A&M University meek engineering professors: Dr. Carl Gerhold, group chairman; Dr Tfl Shoup, vice chairman; Dr. Richard Alexander, treasurer; and Dr Jc Perry, membership chairman. Chuck Besio, ASME field director, and Earl Fisher, regional president, represented Region X, of which the new group is a part ^ the banquet. Reid McNally, chairman of the South Texas section, p $250 pledge to help establish the local organization.